Portugal (European Financial Reporting)

This volume provides a detailed and authoritative overview of the accounting background and current practice in financial reporting in Portugal. It includes a comprehensive examination of Portuguese standards, regulations and practice, including relevant information on the financial, legal and economic environment particular to Portugal.
Using examples of actual financial reporting of local companies as well as a complete illustrative financial report, the author guides the non-resident professional and analyst towards an interpretation of Portuguese companies' statements, either for investment or trading purposes. The book discusses the historical background of how Portuguese accounting and auditing evolved, and provides an invaluable glossary of key accounting terms in Portuguese and their English translation.
Part of the European Financial Reporting series, this book sets out the main differences between local practice and the United Kingdom, United States and International Accounting standards. It is a unique source of reference for students, researchers in Portuguese and international accounting and business analysts.